Eir seeking financial partner for fibre network roll-out - report

News Broadband Ireland 25 OCT 2021
Eir seeking financial partner for fibre network roll-out - report

Eir is panning to sell almost half of its fibre network in Ireland, in a deal that could raise more than EUR 1 billion, reports the Irish Times.

Eir plans to spin off its fibre business into a separate JV, with a partner taking a stake of 49 percent. Lazard has been appointed to advise on a possible deal, with feelers understood to have been sent out to potential buyers. Eir is understood to be seeking inward investment to accelerate its fibre network roll-out. It is expected to retain control of fibre roll-out, service delivery and network maintenance in any deal. 

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Network Access, Devices, Company, Services, Network equipment, Network operations services, Fibre, Wireline, Corporate, Internet Access, Wholesale, Consumer, Enterprise, Client, Corporate strategy

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